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Grade II Listed Home with Hybrid Lifestyle Options in Castle Acre

East of England

£695,000

Listed on 07/07/2026

Property details

Bedrooms
3
Type
House
Area
3376 sqft

Description

This Grade II Listed property in the picturesque Norman village of Castle Acre presents a unique investment opportunity. Currently functioning as a café and retail space alongside private accommodation, it offers great potential for renovation into a multi-generational residence or holiday let. Alternatively, it could be converted into a more substantial private home, subject to necessary planning permissions. The first floor boasts charming features such as exposed beams and sash windows, complemented by a cozy log burner. The versatile layout includes three bedrooms and ample living space, ideal for families or remote working scenarios. Externally, the property is enhanced by an oak-framed garden room that leads to private terraces and landscaped gardens. Additional buildings on site offer further development prospects. Located within a thriving community rich in history and amenities, this property truly embodies the spirit of rural Norfolk while providing room for creative enhancement.

Investment analysis

(PE32 area)

Below Market Value

This property is priced -27.5% below area average per sq ft

-27.5%
Potential saving
This Property
£206/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£260
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,054,662
10% above area average per sq ft
Potential ROI
+36.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE32)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -10.0%
5 year growth: -2.8%
Investment Disclaimer: Analysis based on PE32 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Grade II Listed Home with Hybrid Lifestyle Options in Castle Acre
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,626
Based on a loan of £521,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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